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Step-by-step instructions tell you how to select, repair, improve, and sell highly profitable fixer-uppers. Learn how to determine your profit before you buy, what "bargains" to avoid, and how to make simple, profitable, inexpensive upgrades. This book guides you through every step in the spec rehab process: selecting, repairing, improving and selling fixer-uppers. Profits in Buying & Renovating Homes shows you which price ranges offer the highest return on your investment, which neighborhoods to consider and which to avoid, what interior and exterior repairs to make, and how to select and deal with buyers, sellers, lenders and real estate agents. There's even a chapter on when and how you should keep the renovated house as a rental to provide steady monthly income. This book shows you how to make a good living with something every community has plenty of -- distressed residential property. This book shows:
The Author: Lawrence Dworin has been buying and renovating houses since 1978. Over that time he's bought and sold nearly 100 homes, usually - but not always - making a good profit on the sale. Before getting into the spec rehab business, he was a construction tradesman, working for wages on a contractor's payroll. He got tired of doing seemingly pointless tasks because his boss wanted them done. He got discouraged when his best ideas and suggestions were rejected. He discovered that as his own boss he didn't have to put up with that. And he discovered that his hourly and annual income multiplied several times when working for himself, on his own homes and following his own instincts. He wrote Profits in Buying & Renovating Homes to help you make the same discovery. "I started with very little capital, some basic construction skills, a few tools and a willingness to learn and take chances. That was 12 years ago. Since then I've fixed up and sold a lot of homes. In most years the profit on homes I sell is over $100,000. And I own several homes that aren't going to be sold - at least not yet. The rent from these homes gives me a good monthly income, enough to cover living expenses for my family. If I can't work (or just don't want to), I have plenty of income to pay my bills, even if I never remodel another house. That's a nice feeling. But it didn't happen overnight. In my case, it took 12 years. Will you do as well in your present job over the next 12 years? If not, consider trying what I suggest." - Lawrence Dworin Includes: Book By: Lawrence Dworin Published by: Craftsman Book Company 304 Pages, 8-1/2 x 11 |
